Moderna and the COVID Vaccine: What Kind of Lunacy?
“It’s completely correct to say that NIAID will reap a profit on the Moderna/NIAID vaccine. There are 6 NIAID scientists who work for Dr. Fauci, each of whom would get $150,000/year indefinitely as their reward. So that’s $900,000 to his subordinates every year in perpetuity.” Mary Holland, General Counsel, Children’s Health Defense
Would you buy a used car from the company called Moderna?
The US government has shelled out $500 million to this Massachusetts-based biotech firm for a COVID vaccine.
Based on what?
Forbes, May 8: “It’s a big bet for the ten-year-old company, which currently has 24 products in its pipeline—but nothing yet on the market. The biotech sports a huge market cap of $17.5 billion, but it posted a net loss of $514 million on revenues of just $60 million last year. And most of that incoming cash came from government grants and research collaborations with big pharmaceutical companies.”
Moderna has never put a single product into the marketplace.
Last year, it lost $514 million.
It took in $60 million.
But it’s somehow worth billions.
The COVID vaccine it’s working on utilizes brand new RNA technology.
No RNA drug or vaccine product has ever been certified for public use.
Other companies have tried and failed, mainly because safety was a
Article from LewRockwell